Life Tech Posts 1 Percent Revenue Decline | GenomeWeb

NEW YORK (GenomeWeb News) – Life Technologies reported after the close of the market Wednesday that its second-quarter revenues declined 1 percent year over year, falling short of Wall Street estimates on the top line.

The Carlsbad, Calif.-based genetic analysis products firm reported total revenues of $945.8 million for the three months ended June 30, compared to $949.3 million for the second quarter of 2012. On average, analysts covering the firm expected revenues of $952.1 million.

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